Write an essay in response to one of the topics below.
Each essay should be 3-4 pages long (800-1000 words). Essays must be typed or
machine-printed and stapled (no paper clips or folders). Do not use colored
paper. Keep a copy of your submitted essay. Use fonts no smaller than 12
points. Use a serifed font, like Times New Roman
and not sans serif fonts, like Arial or Verdana:

This font has serifs.
This font does not have serifs. Donít use it.

Please have a separate title page with 1) your name and
2) your student ID number printed on it. Do not put your name or ID number on
the pages of text (I grade blind). Text should be double-spaced and have
1-inch margins. Number the pages of text.

Put the number of the topic you are answering or the
first phrase of the topic at the top of the first page of the essay text so
that I know which topic you are answering.

Topics

1. Criticize or defend this statement:

"Import-substitution industrialization (ISI) policies
were successful in the post-1945 economic development of Mexico and Brazil
because these polices generated periods of economic growth for the countries.
This proves that dependency theory was correct, and that the best economic
policy for these state is not to liberalize their economies or pursue
export-led growth (ELG), but to continue state-led ISI."

2. Criticize or defend this statement:

"Democracy is not required for economic development and
probably harms it because the state is able to manage the economy without fear
of being vote out of office. This is why China is growing faster than India
and why Russian economic growth is higher under Putin than under Yeltsin."